Best ways to trade: Stanley Black & Decker, Inc.

Ticker: SWK
Asset type: Stocks
Last updated: Saturday, March 02, 2024 at 08:00 AM

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How easy it is to trade Stanley Black & Decker, Inc.

Let’s start with a general overview of the asset to understand how it has performed in the past. This section compares how the traders perform, analyzing those we monitor. The most critical data are the max return from the best trader, how many are profitable, and our score, which measures how much is easy compared to other assets of the same type.

Traders results for Stanley Black & Decker, Inc. (SWK)
WTT easy score
5/5
This indicator expresses how easy it was to trade in the last week

Let’s analyze the details of what happened:

Active Traders
91 of 3840
Traders still trading this asset

How many traders are trading Stanley Black & Decker, Inc.?

The strategies of 3840 traders are under continuous monitoring. On 02-03-2024, 91 traders were found trading Stanley Black & Decker, Inc.. This implies that Stanley Black & Decker, Inc. is relatively less favored as an asset.
All time return
43.98%
Highest return between our traders

What was the best return trading Stanley Black & Decker, Inc.?

When examining a total of 91 traders, we observe the best return to be 43.98% on Stanley Black & Decker, Inc..
Profitable traders
67.47%
How many are profitable

How many traders are profittable day trading Stanley Black & Decker, Inc.?

At the moment 67.47% of the traders are creating some profit from their strategies.
Best Trading Strategy
Momentum
The most effective trading strategy

Which day trading strategy is the most efective for Stanley Black & Decker, Inc.?

In the last period Momentum has been the most effective trading strategy.

If you don’t know what a trading strategy is, please check the training section(Trading Strategies).

Traders attitude
risk-on
Traders attitude in the last 7 days

What is the opinion of traders on the value of Stanley Black & Decker, Inc.?

The current attitude of the investors regarding the asset is risk-on.

Best trading strategy for Stanley Black & Decker, Inc. (BETA)

In this section, we are going to detail the trading strategy that is currently the most effective. Please refer to the training (trading strategies) section for more information. This strategy is created by analyzing thousands of strategies and combining the best features to form a new, optimized approach. We advise that this new feature is currently in BETA testing phase (Hazel AI system). Please be aware of its experimental nature and potential for unexpected issues or limited functionality.

Strategy Class
Momentum
Current best
Annual return
1.2%
Estimated of the annual return
Time scale
1m
Current best
Win Trades
0
% win trades
Num trades
116
Trades executed
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Download the strategy for Stanley Black & Decker, Inc.

Pine script is a system created by TradingView to backtest trading strategies and create custom indicators.

 

Let’s analyze the details of the strategy: 

Indicators

Explore the following key trading indicators that can help analyze price movements and guide trading decisions for Stanley Black & Decker, Inc..
MACD
12/26/9
First indicator

Best lagging indicator for Stanley Black & Decker, Inc.

 The first indicator is the most important for a strategy; what you find here are the parameters that must be used operationally.

RSI
4/28/70
Second indicator

Best leading indicator for Stanley Black & Decker, Inc.

 The second indicator is also quite important for a strategy; Using two technical indicators in a strategy provides more confirmation and reduces false signals, leading to improved decision-making and potentially higher accuracy in identifying market trends and entry/exit points.

Macro Indicator
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Best macro indicator for Stanley Black & Decker, Inc.

The third indicator focus on economic, financial, or geopolitical factors that impact asset prices. Fundamental indicators may include interest rates, economic growth, earnings reports, and news events. 

Entry point strategy

Discover potential entry points for Stanley Black & Decker, Inc..
Main entry strategy
RSI < 28 and MACD > signal
The current best strategy for entry

Technical indicator entry strategy for Stanley Black & Decker, Inc.

When combining indicators in a trading strategy for entry points, one approach is to look for convergence or agreement between multiple indicators. For example, if both the moving average crossover and the relative strength index (RSI) indicate a bullish signal, it strengthens the likelihood of a successful trade. This convergence provides more confidence in the entry point and increases the probability of a favorable outcome.

Other entry strategy
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Other entry strategy for Stanley Black & Decker, Inc.

Available only in the premium version.

Alerts to monitor
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Alerts to monitor for Stanley Black & Decker, Inc.

Available only in the premium version.

Exit point strategy

Discover potential exit points for Stanley Black & Decker, Inc..
Main exit strategy
RSI > 70 and MACD < signal
The current best strategy for exit

Best exit strategy for Stanley Black & Decker, Inc.

here you can find the detail for Implement an effective exit strategy for Stanley Black & Decker, Inc..
Alerts to monitor
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Alerts to monitor for Stanley Black & Decker, Inc.

Available only in the premium version.

Trading guide for Stanley Black & Decker, Inc.

WTT score
5/5
Let’s analyze what we have learned trading Stanley Black & Decker, Inc.. The analysis will cover the ease of trading, price volatility, and current market trend of the stock. The asset exhibits pronounced price volatility, with substantial fluctuations. Currently, Stanley Black & Decker, Inc. is experiencing a significant uptrend, indicating bullish market sentiment. Stanley Black & Decker, Inc. exhibits exceptional ease of trading for investors. Considering the factors discussed above, it’s apparent that it is highly advised to trade Stanley Black & Decker, Inc..
Pro
– Potential windfall gains in an extremely turbulent market.

– The market is in the fast lane, soaring to new heights and promising rewards for the risk takers.

Cons
– Extremely volatile markets can be detrimental to risk-averse investors.

– Strong uptrends can lead to inflated asset prices, increasing the risk of a bubble.

Trend analysis

This section lists the main factor or risks of trading this product. Like the previous insights, we use data from our traders to analyze the risk factor of the asset. The most crucial point is how many traders are in green; a percentage below 20% indicates an investment that is very difficult to trade. 

Trend analysis for Stanley Black & Decker, Inc. (SWK)

Market regimes are periods of persistent market conditions. They affect the relevance of investment factors and the success of trading strategies. 

How long the situation will stay similar for Stanley Black & Decker, Inc.?

The following section delves into the question of whether market conditions will continue for Stanley Black & Decker, Inc..At present, the market is exhibiting a risk on sentiment. Over the past few weeks, the market has experienced an oscillation of 0.34 points, exhibiting a upward trend over 36030 periods. This is indicative of a market regime with considerable longevity. The market has shown relatively stable price movements, highlighting upward momentum that may present profitable investment opportunities.
How long is lasting?
79 Days
The number of days this trend is lasting

How long this trend is lasting for Stanley Black & Decker, Inc.?

Alerts and risk factors

These are factors that can potentially change the perception of the stock. These factors can lead to a change in the regime. Please refer to the training section for more information.

Risk factor 1

Headline Risk
Type: News

What is the main risk factor for Stanley Black & Decker, Inc.?

Risk factor 2

Competitive risk
Type: Operational

What is the second most important factor for Stanley Black & Decker, Inc.?

Go Premium to see the alerts for Stanley Black & Decker, Inc..

Brookers

Selecting the right broker is crucial in trading. This decision hinges on various criteria, including regional accessibility, cost-effectiveness, and compliance with local regulations. In this list, we present a concise, expert-curated list of brokers widely utilized by our seasoned traders to help you make an informed selection that aligns with your trading objectives.

Used by 32%
Exness
Used by 19%
Used by 9%
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